Bob Zoellick used his three-day trip to Kazakhstan to announce a $2.5 billion infrastructure project together with Prime Minister Massimov. A trade corridor linking China and Europe by road has long been in the planning pipeline. It will go from Khorgos near the Chinese border to a place I couldn’t locate on the map. […]
The first and the only Kazakh satellite, which was launched last year with a great PR and pompous celebrations, is out of control due to a computer glitch and is likely to be lost altogether. The sputnik, which was used by several local TV broadcasters, was an image thing for the country’s authorities - […]
Amid surging food prices worldwide, and institutions such as the World Bank warning of a global food crisis, Kazakhstan has decided to ban wheat exports until September. The reason for Kazakhstan’s move is to curb domestic inflation, in part spurred by growing wheat prices.
The question right now is whether the government will also ban […]
Joanna Lillis - a journalist working for Eurasianet.Org and Al-Jazeera television, is always in the heart of all major developments in Kazakhstan, where she’s been living for 3 years already. We talk about her first impressions about Kazakhstan and how they changed over these years.
…says President Nazarbayev in response to growing signs of an economic slowdown:
“The fact that economic growth rates for sometime will be slowed down will do Kazakhstan good.
The breakneck growth of the last couple of years has come along with heightened inflation, a real estate boom, and unprecedented credit expansion. In some sense thus, Nazarbayev […]
This is a translation of Adam’s post on the Russian-language blog.
Aktau is the city that claims to be referred to as the forth capital after Almaty, Astana and the oil capital, Atyrau.
“Aktau City” is another new city following Astana’s Left Bank, which will be constructed by the Caspian Sea. It is planned to be built […]
Translation of Marat’s post from the Russian-language blog
I decided to analyze - where it is more dangerous to live in our country in the cities or in the rural areas? In order to do so, I reviewed the mortality caused by accidents, traumas and poisoning in 2005. As occured, the most dangerous places are […]
Mukhtar Ablyazov, Kazakhstan’s one-time energy minister and political prisoner, currently the chairman and principal owner of JSC Bank TuranAlem, country’s second-largest financial institution by assets, gave an interview to Bloomberg recently. He is planning to roll up investments from Armenia to Russia, despite the global reassessment of risk, triggered by concerns about subprime […]
This post is part of neweurasia’s cross-blog survey “2007 in Retrospect”. For an introduction and links to all posts published under this heading, please go to the dedicated site on our homebase. You can also vote for the most important event of 2007 in our online poll.
2007 - the year of black gold. With […]
Below if a translation of Marat’s post from the Russian-language blog.
Officially, there are 18,2 per cent of poor people (having income less than a living standard minimum) - i.e. one fifth of the population. Moreover, there are 2,7 per cent of desperately poor people (having income less than cost of the so-called “minimal food […]
